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Page 2 of 7 City of Redwood City 1017 Middlefield Road, Redwood City, CA. 94063 Tel: 650-780-7000 www.redwoodcity.org local ordinances or resolutions in order to collect specific mitigation fees, which are also known as development impact fees (“impact fees”). Redwood City’s ordinances establish that impact fees generally are required to be paid prior to the issuance of a building permit for residential and/or commercial construction. However, the City Council adopted an ordinance on June 11, 2018, granting the City the ability to defer certain development-related fees, such as impact or enterprise fees, to a later specified time. The Mitigation Fee Act requires cities to segregate impact fee revenues from the General Fund to account for them in special revenue funds or accounts and to provide a public report on impact fee revenues collected and expended within 180 days after the last day of each fiscal year. As described below, a report on impact fee revenues collected and expended was posted on the City’s website within this timeframe. More information about specific capital projects, including project purpose, timeline and funding sources (as many projects are funded by sources other than impact fees), is provided with the Five-Year Capital Improvement Program available here. ANALYSIS This report addresses impact fees, in-lieu fees, and capacity fees. Description of Impact Fee Programs The City has three development impact fee programs. Per City policy, the Parks Impact Fee and Affordable Housing Impact Fee are charged to new residential and nonresidential developments that meet certain criteria, while the Transportation Impact Fee is charged to all new development. 1. Transportation Impact Fee1 The transportation impact fee is a one-time charge that the City charges on new residential and nonresidential development to fund a proportionate share of the cost of transportation improvement projects and transportation system improvements necessary to mitigate the transportation impacts of new development within Redwood City. Improvements include construction of traffic and multi-modal transportation improvements and traffic reduction measures. In addition to the Citywide Transportation Impact Fee, the City has also collected fair share contributions from projects with specific transportation impacts to fund specific transportation improvements, the full costs of which were not included in the 2012 Transportation Impact Fee program. Since the full costs of the fair share impact fee projects will be included in the 2025 Transportation Impact Fee Program, the revenue from the fair share fees have been incorporated into the Transportation Impact Fee account, which will be used to fund the fair share impact fee projects. The Program provides an equitable method for allocating the cost of reasonable and necessary transportation improvements between the public and private sector, in accordance with the intent 1 https://library.municode.com/ca/redwood_city/codes/city_code?nodeId=CH18LOIMPL_ARTXVTRIMFE 6.A. - Page 2 of 55 7